TIANJIN, China -- Toyota Motor has invested in Chinese autonomous-driving startup Momenta as part of a $500 million fundraising round, expanding the Japanese automaker's development infrastructure in China as tensions between Beijing and the U.S. simmer.
Automobiles
Toyota invests in Chinese self-driving partner Momenta
Startup's $500m funding round helps Japanese carmaker build China tech base
Momenta's self-driving systems analyze data from cameras and sensors using deep learning to construct a map of a car's surroundings.
Read Next
Latest on Automobiles
